In order to strengthen the Group’s Executive management team and sustain its strategic business growth trajectory, Africa’s foremost indigenous conglomerate, Dangote Industries Limited (DIL has announced new appointments. In the new organizational rejig, Olakunle Alake the erstwhile Chief Operating Officer (COO) is now the Group Managing Director and Dr. Adenike
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Barclays Africa Group, South Africa’s second-biggest lender by market value, dropped KPMG as its joint auditor on Thursday, joining a host of local clients breaking ties with a company caught up in scandals, Reuters reports. The decision will test South African regulators’ conviction that the big four auditing firms are
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Nominees for the 2018 African Banker Awards have been announced. This year’s shortlist sees another strong year for banks from Morocco, Nigeria and Kenya. Ecobank, Standard Bank and Standard Chartered, which have a large footprint across the continent, also feature across several categories. The Awards, which are hosted by African
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Leading Real Estate developers, Comfort Homes on Thursday unveiled their latest product, the Casa Fortuna Apartments. Ambassador, Agnes Kalibala, the Chairperson of National Housing represented Vice President Edward Ssekandi at the colorful ceremony. "We thank Casa Foruna for putting up this wonderful structure since it contributes to the solution of
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Ugandan Members of Parliament (MPs) especially those who voted in favour of removing presidential limits from the Constitution are living in fear over suspected poisoning within Parliament. Cecilia Ogwal, the Dokolo District Woman MP, who recently crossed from FDC to the ruling NRM on Thursday took to the floor of
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On 23rd and 24th May, the Blockchain Association of Uganda with support from the Government of Uganda, will host the Africa Blockchain Conference in the Kampala. The conference, which will be held under the theme “The role of Blockchain Technology in Africa’s transformation”, is scheduled to host policy makers, leaders
Read MoreDozens of people dead and scores injured in one of the deadliest attacks the town has witnessed ABUJA, Nigeria, May 3, 2018,-/African Media Agency (AMA)/- The UN Humanitarian Coordinator in Nigeria, Edward Kallon, has condemned the twin suicide attacks on 1 May in the town of Mubi, Adamawa State, north-east
Read MoreADDIS ABABA, Ethiopia, May 3, 2018,-/African Media Agency (AMA)/- The Peace and Security Council (PSC) of the African Union (AU), at its 769th meeting, held on 30 April 2018, received a briefing on the Somalia Transition Plan, and adopted the following decision: Council, 1. Takes note of the statement made
Read MoreThis is due to the information Scopa received today from Sita, which shows corrupt relationships between some of the employees of Sita and service providers CAPE TOWN, South Africa, May 3, 2018,-/African Media Agency (AMA)/- The Standing Committee on Public Accounts (Scopa) wants lifestyle audits to be conducted on employees
Read MoreChallenges to Zero Hunger in countries with conflicts and crises are on the top of UN FAO Near East Regional Conference Agenda (7 – 11 May), Rome, Italy ROME, Italy, May 3, 2018,-/African Media Agency (AMA)/- Agriculture ministers and senior officials from countries across the region will join civil society
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